
Loan & DebtApr 9, 2026, 05:11 PM
Main Street Capital Issues $150 Million in 6.93% Series A Senior Notes Due 2031
AI Summary
Main Street Capital Corporation has entered into a Master Note Purchase Agreement for the issuance of $150 million in 6.93% Series A Senior Notes, maturing on April 15, 2031. This private placement strengthens the company's capital structure by securing long-term, fixed-rate financing. The proceeds from these notes will likely be used to support Main Street Capital's investment activities and general corporate purposes, providing stable funding for its business development company operations.
Key Highlights
- Main Street Capital Corporation issued $150,000,000 of 6.93% Series A Senior Notes.
- The Series A Senior Notes have a maturity date of April 15, 2031.
- The Master Note Purchase Agreement was dated April 8, 2026.
- The notes are senior obligations, indicating their priority in the company's capital structure.
Price Impact
More from MAIN